NOT LISTED FOR SALE

1562 Towne Park Ln Franklin, TN 37067

Estimated Value: $989,000 - $1,036,197

5 Beds
4 Baths
3,680 Sq Ft
$276/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $798,560 $217 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,716/month

11 Days on Market

About This Home

As of October 2021

Beautiful updated 5 bedroom home on a premium lot in McKays Mill, remodeled to today's expectations. Quartz counters, new tiled floors, jetted tub, frameless shower, deck has amazing views of hills of Cool Springs as does the upstairs bedroom. epoxy garage floors. Community amenities include Fitness Center, Pool and Clubhouse.

Last Agent to Sell the Property

Matt Phillips

Gemstone Solutions Property Management and Realty License #336093 Listed on: 09/03/2021

Last Buyer's Agent

Jonathan Hoo

Mark Spain Real Estate License #357009

Mark Spain Real Estate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,137

Year Built

2005

Lot Details

0

HOA Fees

$71 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Above Grade Finished Sq Ft: 3680
  • Architectural Style: Colonial
  • Carport Y N: No
  • Directions: From Liberty Pike take Towne PArk Ln, go around the roundabout to the right, then take Towne Park all the way around. House is about 2 miles down on the right just before second pass of Cynthia Ln.
  • Garage Yn: Yes
  • Lot Size: 173 X 181
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Subdivision Name: McKays Mill Sec 26
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Has Basement: Other
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Interior Amenities: Air Filter, Ceiling Fan(s), Extra Closets, Storage, Utility Connection, Walk-In Closet(s)
  • Main Level Bedrooms: 1

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Brick
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Attached - Front, Driveway
  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking Spaces: 4
  • Total Parking Spaces: 7

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s), Trail(s)
  • Association Fee: 71
  • Association Fee Frequency: Monthly
  • Senior Community: No

Fee Information

  • Association Fee Includes: Recreation Facilities

Schools

  • Elementary School: Clovercroft Elementary
  • High School: Fred J Page High School
  • Middle Or Junior School: Fred J Page Middle School

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 14, 2021
Sold by
Karlapudi Kishore B and Vupputuri Nagasree
Bought by
Espinosa Ruffo and Espinosa Silvana
Seller's Agent
Matt Phillips
Gemstone Solutions Property Management and Realty
Buyer's Agent
Jonathan Hoo
Mark Spain Real Estate
List Price
$749,900
Sold Price
$798,560
Premium/Discount to List
$48,660
6.49%
Current Estimated Value
$1,015,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,989
Avg. Annual Appreciation
6.19%
Original Mortgage
$596,763
Outstanding Balance
$548,894
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$466,655

Purchase Details

Closed on
Sep 29, 2005
Sold by
The Jones Co Of Tennessee Llc
Bought by
Karlapudi Kishore B and Vupputuri Nagasree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,100
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 1, 2005
Sold by
Jones Land Co Llc
Bought by
The Jones Co Of Tennessee Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Espinosa Ruffo $798,560 Homeland Title Llc
Karlapudi Kishore B $375,262 Southland Title & Escrow Co
The Jones Co Of Tennessee Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinosa Ruffo $596,763
Previous Owner Karlapudi Kishore B $396,800
Previous Owner Karlapudi Kishore B $275,000
Previous Owner Karlapudi Kishore B $280,000
Previous Owner Karlapudi Kishore B $300,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2021 10/14/21 Sold $798,560 +6.5% $217 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $749,900 0.0% $204 / Sq Ft
02/22/2021 02/22/21 Rented -- -- --
01/18/2021 01/18/21 Under Contract -- -- --
01/11/2021 01/11/21 For Rent -- -- --
06/15/2020 06/15/20 Rented $152,000 -4.9% --
05/13/2020 05/13/20 Under Contract -- -- --
04/12/2020 04/12/20 For Rent $159,900 -- --
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,137 $145,500 $25,000 $120,500
2023 $3,137 $145,500 $25,000 $120,500
2022 $3,137 $145,500 $25,000 $120,500
2021 $3,137 $145,500 $25,000 $120,500
2020 $2,906 $112,750 $21,250 $91,500
2019 $2,906 $112,750 $21,250 $91,500
2018 $2,827 $112,750 $21,250 $91,500
2017 $2,805 $112,750 $21,250 $91,500
2016 $2,771 $112,750 $21,250 $91,500
2015 -- $95,950 $20,000 $75,950
2014 -- $95,950 $20,000 $75,950
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2288198

Realtracs

APN: 061O-B-045.00